查人人中国名人网有没有类似异化的小说?:谁可以把帮帮忙翻译啊好人们？谢谢
来源：百度文库 编辑：查人人中国名人网 时间：2024/05/14 06:21:26
Bubble trouble - or not?
Is the US current account deficit sustainable? Are global stock markets heading for another crash? These are two issues discussed by Patrick L. Smith in the weekend edition of the International Herald Tribune piece, Bubble, schmubble - foil or trouble? Smith manages to touch on the dark matter debate, 'sweat equity', 'plutonomy', and the 'brave new world' views. Here's the introduction:
There seem to be only two possible explanations for the performance of global stock markets: Either they are on an ever more reckless binge that has no logical grounding, or they are operating on the basis of a new set of assumptions about conditions that used to be considered dangerous.
If the former argument proves true, as those of bearish sentiment predict, the markets are headed for a crash similar to that of 2000, when the dot-com bubble burst. Such is the underlying fragility, the bears say, that almost any piece of bad news - another spasm of violence in the Middle East, instability in a big oil-producing country, an outbreak of avian flu, a big corporate bankruptcy - could be the tipping point.
If the latter perspective is correct, the world has entered an era that will require new ways of measuring and interpreting economic data. In a globalized economy, those in this camp assert, what once moved markets no longer does, and we do not yet have all the tools needed to gauge what moves them now.
"Are massive U.S. imbalances sustainable? This is the hottest debate today in international finance," said David O'Rear, chief economist at the Hong Kong General Chamber of Commerce and a longtime voice on the bearish side of the question.
Is the US current account deficit sustainable? Are global stock markets heading for another crash? These are two issues discussed by Patrick L. Smith in the weekend edition of the International Herald Tribune piece, Bubble, schmubble - foil or trouble? Smith manages to touch on the dark matter debate, 'sweat equity', 'plutonomy', and the 'brave new world' views. Here's the introduction:
There seem to be only two possible explanations for the performance of global stock markets: Either they are on an ever more reckless binge that has no logical grounding, or they are operating on the basis of a new set of assumptions about conditions that used to be considered dangerous.
If the former argument proves true, as those of bearish sentiment predict, the markets are headed for a crash similar to that of 2000, when the dot-com bubble burst. Such is the underlying fragility, the bears say, that almost any piece of bad news - another spasm of violence in the Middle East, instability in a big oil-producing country, an outbreak of avian flu, a big corporate bankruptcy - could be the tipping point.
If the latter perspective is correct, the world has entered an era that will require new ways of measuring and interpreting economic data. In a globalized economy, those in this camp assert, what once moved markets no longer does, and we do not yet have all the tools needed to gauge what moves them now.
"Are massive U.S. imbalances sustainable? This is the hottest debate today in international finance," said David O'Rear, chief economist at the Hong Kong General Chamber of Commerce and a longtime voice on the bearish side of the question.
双重麻烦-?
美国往来帐户亏损是能承受的吗? 全球性股市朝向为其它崩溃吗? 这些是二个问题由帕特里克L 谈论。 史密斯在国际先驱论坛报片断的周末编辑, 泡影, schmubble - 箔或麻烦? 史密斯设法接触在神秘的物质辩论, ' 汗水产权', ' plutonomy ', 并且' 勇敢的新世界' 看法。 这介绍:
看起来似乎只二个可能的解释为全球性股市表现: 或者他们是在一更加鲁莽狂欢没有逻辑着陆, 或他们经营根据新套假定关于过去经常被认为危险的情况。
如果前论据证明真实, 作为那些下跌情绪预言, 市场朝向为崩溃相似与那2000 年, 当小点com 起泡爆炸。 这样是部下的脆弱, 熊言, 几乎坏消息些片断- 暴力其它痉孪在中东, 不稳定在一个大产石油的国家, 鸟流感爆发, 大公司破产- 能是打翻的点。
如果后者透视是正确的, 世界进入了将要求测量和解释经济数据新方式的时代。 在a globalized 经济, 那些在这个阵营断言, 什么不再曾经移动了市场做, 并且我们不安排所有工具必要测量什么现在移动他们。
"是大U 。S 。 不平衡状态能承受? 这今天是最激烈的辩论在国际金融,"O'Rear 说大卫, 主经济师在香港一般商会和长期声音在问题的下跌边。